FXCM IPO Scheduled

The Initial Public Offering of forex broker FXCM has been somewhat delayed. The prospectus was made public already on November 15th, and it was expected to happen until the end of the month. Well, it won’t happen until the end of the month, but not much later.

TheStreet reports that the FXCM IPO will happen on Wednesday, December 1st. They note that recent IPOs led by Credit Suisse were successful and that the shares of the companies remained above the issue price afterwards.

I believe that FXCM will turn into the “forex stock”. FXCM seeks a value of $1 billion.

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile

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